In This Article:
Betjemann Brings More Than 30 Years Of Experience to the Role as an Accomplished CFO;
Young Will Provide Consulting Services as a Senior Advisor to the Company During the Transition
SALT LAKE CITY, April 22, 2025--(BUSINESS WIRE)--FranklinCovey (NYSE: FC), one of the largest and most trusted leadership companies in the world, today announced the retirement of its long-serving Chief Financial Officer (CFO), Stephen D. Young, and named Jessica G. Betjemann as its new CFO, effective May 1, 2025.
Betjemann brings 30 years of experience to the role as an accomplished CFO, building financial value and managing investment decisions for a variety of companies. Young, who served in the CFO role for 23 years, will provide consulting and advisory services as a senior advisor to the company during the transition. At the request of the Board, he served three years beyond his planned retirement date to ensure a successful succession process.
Paul Walker, FranklinCovey CEO, said, "On behalf of our board, executive team, and everyone at FranklinCovey, we extend our heartfelt gratitude to Steve Young, who has served as our CFO for more than two decades. He has been a key strategic advisor and catalyst for our growth and success. We’re indebted to him for his visionary leadership, financial stewardship, and his willingness to serve beyond his planned retirement date."
Steve Young, FranklinCovey CFO, said, "It has been my privilege to serve as the CFO of FranklinCovey. I have had the distinct honor of collaborating and working with a team of exceptional colleagues over these many years. I have every confidence in Jessi, as I know that she will serve exceptionally well in her new role, and I look forward to seeing the continued success and growth of FranklinCovey."
Walker stated, "We’re thrilled to welcome Jessi as our new CFO. She will make a tremendous contribution to FranklinCovey as we build upon the strong financial foundation we have established to date. We’re excited about the future and about enabling greatness on an even bigger scale, as we continue to grow."
"It’s my honor to join FranklinCovey at an important time of transition," said Betjemann. I look forward to partnering with such a talented group of people and to using my experience to assist FranklinCovey in accomplishing its mission and in achieving its financial and strategic goals."
Most recently, Betjemann served as Executive Vice President and CFO of Gogo, Inc. (NASDAQ: GOGO), a leading provider of inflight connectivity services for the business aviation market. She previously served as Gogo’s Senior Vice President of Finance, Chief Accounting Officer, and Treasurer, expanding her role after joining Gogo as Vice President of Financial Planning and Analysis in 2016. During her tenure, Betjemann helped lead Gogo through the acquisition of Satcom Direct in 2024, including a major capital raise to fund the transaction, which more than doubled the size of the company. She was also instrumental in the sale of Gogo’s Commercial Aviation division to Intelsat in 2020, transforming Gogo into a profitable private aviation-centric growth business.